Adoption of new sets of MoA and AoA of the Company in compliance with the provisions of Companies Act, 2013 subject to approval of shareholders.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Max Heights Infrastucture Limited held a board meeting on 12th August 2025 and approved its unaudited financial results for Q1 FY26 (quarter ended 30 June 2025). Total revenue surged to Rs 265.77 lakhs from just Rs 17.63 lakhs in the same quarter last year, driven mainly by the Real Estate segment (Rs 243.50 lakhs). Despite the sharp revenue jump, the company posted a net loss of Rs 15.85 lakhs, although narrower than the Rs 28.44 lakh loss in the preceding quarter (Q4 FY25). The auditor's limited review report was clean with no qualifications. The Board also approved adoption of new Memorandum and Articles of Association (subject to shareholder approval), re-appointed Mr. Gourav as Independent Director for another 5 years, hiked remuneration for Managing Director Mr. Naveen Narang, and appointed M/s Shailendra Roy & Associates as Secretarial Auditor for 5 years. The 44th AGM is scheduled for 19th September 2025 via video conferencing, and no dividend has been declared.
The massive revenue growth is a positive signal showing the real estate segment is finally contributing meaningfully, but the persistent quarterly losses indicate profitability remains a concern for shareholders. Administrative changes like MoA/AoA adoption and director re-appointment are routine and not material to stock price.